Final Stages for Hostess, Reader's Digest Reorganization, Detroit's Emergency

, New York Law Journal

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In his Bankruptcy Update, Edward E. Neiger, co-managing partner at ASK LLP, discusses recent sales of Hostess' iconic brands, including the infamous Twinkies, the merger of bankrupt American Airlines with U.S. Airway, the plan of reorganization filed by Reader's Digest, Girls Gone Wild's tumultuous entry into the bankruptcy world, and Detroit's efforts to alleviate their financial woes with the help of a renowned bankruptcy practitioner.

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